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The Anstis decision – not what the Commissioner wanted to hear

Taxation in Australia | 1 Jul 09
 
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Published on 01 Jul 09 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The recent Federal Court decision in Anstis v The Commissioner of Taxation is seemingly contrary to longstanding views of the Commissioner in Taxation Ruling TR 98/9 regarding deductibility of self-education expenses. Pending an appeal to the Full Federal Court, the reasoning contained in the decision has the potential to be applied to deductions against other forms of Government benefits.

Author profiles

Tim Olynyk ATI
Tim is a Tax Partner at Moore Stephens in Melbourne, Tim has over ten years of experience in tax advisory. Tim specialises in advising clients in the property sector and also private clients and high net worth individuals. His particular areas of focus include CGT, loss recoupment, Division 7A and tax structuring for private groups. - Current at 01 July 2009
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Grahame Barber
Grahame works for Moore Stephens as a Tax Consultant. - Current at 01 July 2009
Click here to expand/collapse more articles by Grahame BARBER.

 

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